Bank Bank RBK raised KZT20.0 bn on KASE via subscription by placing bonds KZ2C00008852 (INBNb12) with weighted average yield to maturity of 18.25 % APR
15.12.22 19:50
/KASE, December 15, 2022/ – As announced earlier, on December 15, 2022, an
initial offering of bonds KZ2C00008852 (INBNb12, KZT40.0 bn; 15.12.22 –
15.12.32; semi-annual coupon; 17.50 % APR; 30/360) of Bank Bank RBK JSC by
way of subscription to them was carried out in KASE's trading system.
Centras Securities JSC (Almaty) acted as the seller during the subscription to
the mentioned bonds.
Orders under the subscription were collected on December 15, 2022 from 11:30 to
13:00 Astana time.
Bonds with a par value of 20,000,000,000 tenge (20,000,000 bonds with a par
value of 1,000 tenge) were offered for placement. As part of the subscription,
limit orders were accepted, submitted to KASE's trading system by the closed
method.
Three members of KASE took part in the trades. In total, three limit orders were
submitted to the trading system for a total of KZT20,011.0 mln, which were
recognized as active at the end of the order collection. Clean price in
submitted active orders varied in the range of 90.3400–103.5813 % of the face
value (16.7500–19.7500 % per annum), the weighted average clean price was
96.5090 % of the face value (18.2499 % per annum). Demand during the
subscription amounted to 103.7 % of the supply volume.
In the total volume of active orders, the share of institutional investors
accounted for 49.97 %, the share of other legal entities – for 49.97 %, the
share of individuals – for 0.05 %.
As a result of the offering, two orders were executed, thereby placing
20,723,545 bonds in the amount of KZT19,999,999,023.1. The weighted average
clean price was 96.5086 % of the face value (18.2500 % per annum).
According to the data of the Central Securities Depository JSC (Almaty), all
deals based on the results of subscription for the indicated bonds by the
moment of publication of this information have been settled, the subscription
has been completed. At the same time, 50.0 % of the raised volume was purchased
by institutional investors, 50.0 % - by other legal entities.
[2022-12-15]